easyJet plc (LON:EZJ) Receives Consensus Recommendation of “Hold” from Brokerages

easyJet plc (LON:EZJ) has received a consensus recommendation of “Hold” from the eight analysts that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 625.

Several equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft lowered easyJet to a “sell” rating and lowered their target price for the company from GBX 535 to GBX 465 in a report on Thursday, January 15th. Peel Hunt reissued a “buy” rating and issued a GBX 850 price target on shares of easyJet in a report on Tuesday, November 25th. Panmure Gordon boosted their price objective on easyJet from GBX 730 to GBX 780 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 590 price objective on shares of easyJet in a research note on Monday, February 2nd. Finally, UBS Group reaffirmed a “buy” rating and issued a GBX 800 target price on shares of easyJet in a research report on Friday, January 16th.

easyJet Price Performance

EZJ opened at GBX 387.36 on Thursday. The company has a quick ratio of 1.09, a current ratio of 1.11 and a debt-to-equity ratio of 83.65. The company’s 50-day moving average price is GBX 475.25 and its 200 day moving average price is GBX 478.61. easyJet has a fifty-two week low of GBX 386.30 and a fifty-two week high of GBX 590.60. The firm has a market cap of £2.90 billion, a price-to-earnings ratio of 5.99, a price-to-earnings-growth ratio of 0.59 and a beta of 1.71.

About easyJet

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.